NOT LISTED FOR SALE

455 Gateway Dr Merritt Island, FL 32952

Estimated Value: $1,293,000 - $1,596,102

3 Beds
2 Baths
1,352 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $462,500 $342 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $8,568/month

386 Days on Market

Highlights

  • 500 Feet of Waterfront
  • No HOA
  • Many Trees
  • 0.9 Acre Lot

About This Home

As of April 2014

NOW HAS A COVERED BOAT LIFT!! WOW! 500FT ON THE WATER! ABSOLUTELY GORGEOUS SUNSETS FROM ANY WHERE ON THE LOT! WATER ON THREE SIDES,NORTH, WEST,&SOUTH.NEW TREK PLANK DOCK,NEW PVC WRAPPED PRESSURE TREATED SEA WALL! NEW COVERED BOAT SLIP,WITH ELECTRIC, CABLE ,WATER. BOAT LIFT AND ADDITIONAL DECKING EXT 110'' DOCK.LOT COMES WITH A SPARKLING CLEAN FULL IN GROUND POOL,1979 BLT,1350 SQ FT,3 BED/2 BATH,2 CAR GAR,CBS, METAL TILE ROOF,AND RV/BOAT PARKING AREA. VERY PRIVATE! NEEDS RE-FURB/DEMO,WITH UTILITIES ON SITE, SAVE $$ ON BUILDING COSTS!! '||chr(10)||'Addendum - UNIQUE PENINSULA SHAPED LAND GIVES YOU PANORAMIC VIEWS ACROSS THE WATER! QUIET, PEACEFUL, AND RELAXING. VERY PRIVATE. YOU WOULD NEVER KNOW THAT YOU ARE ONLY MINUTES AWAY FROM DINING, SHOPPING,PHYSICIANS, BOAT RENTALS, COCOA BEACH PIER, AND SO MUCH MORE. BUILD YOUR DREAM HOME OR RE-MODEL TO SUIT YOUR LIFESTYLE!

Last Agent to Sell the Property

Julie Ingram

CENTURY 21 Paradise Palm Inc Listed on: 02/11/2013

Last Buyer's Agent

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,936

Lot Details

  • 0.9 Acre Lot
  • 500 Feet of Waterfront
  • River Front
  • Cleared Lot
  • Many Trees

Schools

  • Tropical Elementary School
  • Merritt Island High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • N 227.29Ft Of E 128Ft Of W 778 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24373100005150000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,936

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Few Trees, Many Trees
  • Water Body Name: Newfound Harbor
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: N 227.29ft of E 128ft of W 778
  • Location Tax and Legal Parcel Number2: 24373100005150000000
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 5936.21
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Lot Size Acres: 0.9
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 0 x 0
  • General Property Information Water Frontage Feet: 500
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.9
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 0 x 0
  • Lot Size Sq Ft: 39204.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24373100005150000000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5936.21

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2013
Closed on
Apr 8, 2014
Sold by
Fletcher Donald K
Bought by
Valentin Alexander and Valentin Sarah E
Seller's Agent
Julie Ingram
CENTURY 21 Paradise Palm Inc
Buyer's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
List Price
$499,000
Sold Price
$462,500
Premium/Discount to List
-$36,500
-7.31%
Current Estimated Value
$1,455,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$992,534
Avg. Annual Appreciation
10.41%
Original Mortgage
$346,875
Outstanding Balance
$264,285
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,190,749

Purchase Details

Closed on
Aug 8, 2007
Sold by
Fletcher Ruth
Bought by
Fletcher Donald

Purchase Details

Closed on
Mar 7, 2006
Sold by
Gass Matthew E and Gass Michelle L
Bought by
Fletcher Donald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 3, 2004
Sold by
Maloy Nicholas and Maloy Esther Louise
Bought by
Gass Matthew E and Gass Michelle L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Valentin Alexander $462,500 Island Title & Escrow Agency
Fletcher Donald -- Attorney
Fletcher Donald K $530,000 Superior Title Insurance Age
Gass Matthew E $519,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentin Alexander $346,875
Previous Owner Fletcher Donald K $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $462,500 -7.3% $342 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/10/2013 02/10/13 For Sale $499,000 -- $369 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,977 $922,230 -- --
2024 $10,936 $896,240 -- --
2023 $10,936 $870,140 $0 $0
2022 $10,241 $844,800 $0 $0
2021 $10,865 $820,200 $0 $0
2020 $10,883 $808,880 $0 $0
2019 $10,976 $790,700 $0 $0
2018 $4,092 $310,990 $0 $0
2017 $6,050 $420,050 $296,000 $124,050
2016 $6,605 $399,550 $280,000 $119,550
2015 $6,706 $388,730 $280,000 $108,730
2014 $6,313 $356,890 $262,500 $94,390
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julie Ingram

    CENTURY 21 Paradise Palm Inc

  • Jonathan Williams

    Buyer's Agent in 2014

    Jonathan Williams

    Florida Lifestyle Realty LLC

    (321) 720-8866

    68 in this area

    682 Total Sales

    Jonathan Williams
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 660417

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-00-00515.0-0000.00

Florida Brevard County Merritt Island 32952

455 Gateway Dr, Merritt Island, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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